The US-Israel and Iran war has caused stock and economic decline, marked by the decline in the Indonesian Stock Exchange (IDX) (see: IHSG). Furthermore, the oil stock crisis has also affected trade routes to the Middle East, disrupted by the closure of the Strait of Hormuz.

It turns out that beyond the international impact, it also impacts your own finances. A steady salary but rising fuel prices are one reason why the US-Israel and Iran war has affected your finances.

In Europe, such as the United Kingdom, oil prices have reached 144.51 pence, or around Rp. 30,000 per liter, signaling a deepening trade crisis caused by this war. However, despite the weakening, it is unknown when this situation will end, making the financial impact increasingly questionable and potentially even a crisis. Therefore, careful use of money and preparation of survival stocks are crucial, leading to the possibility of World War III, which is increasingly marked by the entry of China and Russia into the war to support Iran. Even if war doesn't break out, at least food supplies should remain secure, because buying goods whose prices have risen due to panic buying is far more profitable than buying them whose prices have fallen due to greater stock than goods. This is also a reflective action, or a sensitivity to the situation, which leads to wise action.

In addition to fuel, energy will also become significantly more expensive, as Iran is one of the countries with the largest energy reserves. If war breaks out in the Strait of Hormuz, or the United States suddenly deploys missiles, this will cause an energy cutoff, resulting in not only a financial crisis for fuel but also for energy.

Currently, the United Nations, through Secretary-General António Guterres, strongly condemns the US-Israeli military attack on Iran and the Iranian retaliation, asserting that these actions violate the UN Charter and risk triggering an uncontrollable conflict. The UN demands an immediate cessation of hostilities, urges a diplomatic solution, and warns of serious repercussions for the stability of the Middle East region.

However, this condemnation has gone unheeded by the United States and Israel, increasing the likelihood of World War III and a paralysis of energy and fuel supplies. If that happens, World War IV will likely be fought with swords again, rather than with missiles as it is today, due to the lack of reliable energy for warfare.

Currently, the Vatican is seeking ways to negotiate between the two sides to reduce the potential for continued and increasingly extreme war. This is evidenced by Pope Leo XIV's prayer for an immediate end to all forms of war in the world, marked by concrete action condemning the mass US-Israeli attack on Iran.

In conclusion, the US-Israel-Iran war has not only national and international implications, but also extends to individual finances.

From an economic analysis perspective, the disruption of global oil supply chains has historically triggered inflationary shocks across emerging markets, including Indonesia, where fuel subsidies and import dependence amplify fiscal pressure. The weakening of the IHSG reflects not only investor panic but also capital outflows toward safer assets such as US Treasury bonds and gold.

Moreover, experts in global energy markets highlight that prolonged instability in the Strait of Hormuz could disrupt nearly a fifth of the world’s oil supply, creating cascading effects on logistics, manufacturing, and consumer prices worldwide. This reinforces the need for households and policymakers alike to adopt adaptive strategies, including diversification of energy sources, efficient consumption, and strengthened economic resilience in the face of prolonged geopolitical uncertainty.

This analysis represents a contributed perspective, as indicated by the author name above, and has been curated under our Analysts Editorial Team. Have an opinion to share. Submit your insights to press-release@asiaeconomiatimes.org, and our Analysts Team will review and refine them to meet publication standards.